SBA lending record
LUBECON USA, LLC
201 N Webster St, White Cloud, MI 49349 · Petroleum and Petroleum Products Merchant Wholesalers (excep. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$3.2M
Total SBA financing
2
Loans on record
FY2022
On record
72
Jobs supported
● business — business location is the ZIP-area centroid from the public record
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This record comes from public government lending data. Claim it to correct the details or tell your story — or ask us to take it down.
All 2 loans
$1,620,000 — FY2022
Loan 1 of 2- Gross approval
- $1,620,000
- SBA guaranteed
- $1,215,000 (75%)
- Status
- Cancelled
- Rate at approval
- 6% v
- Term
- 120 mo (10 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 2/11/2022
- Collateral
- Required
- Jobs supported
- 36
- Business type
- Corporation
- Business age
- New Business or 2 years or less
- Industry
- Petroleum and Petroleum Products Merchant Wholesalers (excep
- NAICS code
- 424720
- Address
- 201 N Webster St
- City
- White Cloud, 49349
- County
- Newaygo
- SBA district office
- MICHIGAN DISTRICT OFFICE
- Congressional district
- 2
$1,620,000 — FY2022
Loan 2 of 2- Gross approval
- $1,620,000
- SBA guaranteed
- $1,215,000 (75%)
- Status
- Paid in full
- Rate at approval
- 6.25% v
- Term
- 120 mo (10 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 4/11/2022
- First disbursement
- 5/5/2022
- Days to fund
- 24 days
- Paid in full
- 11/30/2023
- Collateral
- Required
- Sold on secondary market
- Yes
- Jobs supported
- 36
- Business type
- Corporation
- Business age
- New Business or 2 years or less
- Industry
- Petroleum and Petroleum Products Merchant Wholesalers (excep
- NAICS code
- 424720
- Address
- 201 N Webster St
- City
- White Cloud, 49349
- County
- Newaygo
- SBA district office
- MICHIGAN DISTRICT OFFICE
- Congressional district
- 2
The lender
Newtek Small Business Finance, Inc.
2 loans to this businessFind SBA lenders for businesses like this
The banks most active funding petroleum and petroleum products merchant wholesalers (excep — by location, industry.
Similar businesses
Comparable petroleum and petroleum products merchant wholesalers (excep in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.
TRM Support Ltd.
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- $2.7M
- SBA financing
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- Est. revenue (rough)
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First Petroleum Management, LLC
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- $3.7M
- SBA financing
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Robbins Brothers, INC
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Petroleum and Petroleum Products Merchant Wholesalers (excep
- $3.0M
- SBA financing
- ≈ $5.9M–$9.9M
- Est. revenue (rough)
WESSELS OIL COMPANY, INC.
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Jaguar Fueling Services, LLC
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Petroleum and Petroleum Products Merchant Wholesalers (excep
- $3.6M
- SBA financing
- ≈ $7.0M–$12M
- Est. revenue (rough)
Agent summary
This page summarizes the public SBA 7(a) lending record for LUBECON USA, LLC in White Cloud, MI (Petroleum and Petroleum Products Merchant Wholesalers (excep). CapBench compiles public SBA loan data, lender activity, and business signals to help buyers and advisors evaluate acquisition financing — it does not list this business for sale.
- 2 SBA 7(a) loans totaling $3.2M
- On record FY2022
- 72 jobs supported
- Industry: Petroleum and Petroleum Products Merchant Wholesalers (excep
- Location: White Cloud, MI
- Lender: Newtek Small Business Finance, Inc.
Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Petroleum and Petroleum Products Merchant Wholesalers (excep businesses in MI for ~$1.6M deals, then pre-qualify for 7(a) financing before making an offer. CapBench can arrange a lender introduction — free for buyers.
- Data freshness:
- SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-22.
- Sources:
- Public SBA 7(a) loan records; FDIC institution data (BankFind); CapBench lender and franchise enrichment.
- Methodology:
- Sources & methodology
- Informational only — CapBench does not confirm this entity is for sale, eligible for SBA financing, or approved by any lender.
- Figures come from public records and CapBench methodology; verify before relying on them.
- Financing figures are historical loan records, not a current offer or a loan approval. CapBench is not a lender.
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CapBench listing built from public SBA 7(a) lending records. Figures are as reported; verify before relying on them. Not affiliated with LUBECON USA, LLC.